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Royal Commission update
Insight 15 May 2018

The hearings in the Financial Services Royal Commission have been compulsory viewing not only for financial services industry participants and their regulators and professional service providers The hearings have exposed wide-ranging actual or alleged wrongful conduct that has captured the attention ...

Royal Commission: Round 3 - experiences with SME lending
Insight 02 Oct 2018

The third round of the Royal Commissions hearings concerned lending practices to small and medium enterprises SMEs The hearings considered a range of case studies ...

The China-Australia Free Trade Agreement
Insight 21 Nov 2014

After almost 10 years of negotiations between the nations on 17 November 2014 Prime Minister Abbott and President Xi announced the conclusion of negotiations on the China Australia Free Trade Agreement ChAFTA Once implemented the ChAFTA is expected to significantly reduce import barriers for ...

The 'Internet of Things' meets financial advice
Insight 05 Nov 2014

With financial services providers already taking advantage of the possibilities created by a new tide of internet meta data we need regulators and a regulatory regime that see the opportunities implicit in the change and not only the risks ...

Finality: an important objective of class actions
Insight 12 Feb 2015

The recent Great Southern class action settlement included a term by which group members acknowledged and admitted that loans taken out with independent financiers to finance investments in Great Southern managed investment schemes were valid and enforceable Two separate Victorian Supreme Court ...

ASIC highlights importance of cyber resilience
Insight 01 Apr 2015

Key cyber risks faced by ASICs regulated population as well as the legal and compliance obligations to manage those risks are highlighted in a new ASIC report ASIC also identifies steps entities can take to address the risks The report marks a growing focus on cyber security issues by ASIC which is ...

Government releases FOFA regulations
Insight 30 Jun 2014

The Governments much anticipated FOFA regulations were registered today and provide significant relief for benefits provided to employees and representatives of product issuers who provide general advice They also expressly allow bonuses to be linked to successful product sales providing the bonus ...

Allens advises on major shipping finance deal
News 19 Jun 2014

Allens has advised ANZ and NAB as lenders on a matter that will see Mermaid Marine Australia Limited (MMA) receive new debt facilities, including a US$227 million facility, to part-fund its S$625 ...

Allens advises China's Tianqi Group on lithium joint venture
News 29 May 2014

Allens has advised the Tianqi Group, China's largest producer of lithium-based chemicals, on its US$1 billion lithium joint venture with Rockwood which closed today. Allens advised Tianqi Group on ...

Allens advises financiers for North West Rail Link operations contract
News 23 Sep 2014

Allens has advised a consortium of financiers to the successful consortium which will operate Sydney's North West Rail Link – Australia's biggest public transport project. The consortium of ...

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